Question: Can anyone please help me solve this question? As I am finding it really difficult to answer. Please give the reason why an American option

Can anyone please help me solve this question? As I am finding it really difficult to answer.

Can anyone please help me solve this question? As I am finding

Please give the reason why an American option holder chooses the first time, that the time value of option is zero, to exercise the option? Or, in other words, why not choose the last one

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